Lockheed Martin Employee Benefit: 401K Plan | Glassdoor

Lockheed Martin 401K Plan

Updated Apr 04, 2018

680 employees reported this benefit

4.0
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Employer Summary

Lockheed Martin provides a 401(k) Savings Plan.


Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 145
  • Mar 19, 2019
    StarStarStarStarStar Current Employee in Orlando, Florida

    401(k) - Company match 50% of the first 8% of contributions 401(k) - Other company contribution 6% of Base Pay

  • Mar 08, 2019
    StarStarStarStarStar Former Employee in Fort Worth, Texas

    They provide an adequate match up to a certain amount. It was unfortunate, however, to miss the window to receive a pension plan.

  • Mar 01, 2019
    StarStarStarStarStar Former Employee in Orlando, Florida

    Full matching 401k plan up until a certain limit. Also capital accumulation plan.

  • Feb 05, 2019
    StarStarStarStarStar Former Systems Engineer in Rockville, Maryland

    50% match up up to 8% of employee contribution.

  • Jan 18, 2019
    StarStarStarStarStar Current Employee in New York, New York State

    50% Employer contribution for the 401k plan

  • Jan 04, 2019
    StarStarStarStarStar Current Employee in Orlando, Florida

    50% match and 3% on top of it

  • Jan 02, 2019
    StarStarStarStarStar Current Employee in Orlando, Florida

    Matches up to 4% (at 50 %, so employees must contribute 8% to get the 4% match)

  • Sep 26, 2018
    StarStarStarStarStar Former Systems Analyst in Los Angeles, California

    Similar to others - some funds have limited access

  • Sep 08, 2018
    StarStarStarStarStar Former Pilot in New York, New York State

    I saved $15k in my last year and LM gave me $9k !! Not really sure why I left.

  • Sep 07, 2018
    StarStarStarStarStar Current Systems Engineer Asc in Littleton, Colorado

    High company contribution, up to 6% (2% outright, and matching employee contribution up to 4%)


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